Home Altcoin BitTorrent Token (BTT) Volume Soars in First Day of Trading on Binance

BitTorrent Token (BTT) Volume Soars in First Day of Trading on Binance

In its first day of trading on Binance, BitTorrent Token (BTT) has already exceeded a trading volume of 24,419.4 BTC or roughly $83.5 million.

According to live data from Binance, the BTT/BTC trading pair has nearly 3-times the volume of the next closest trading pair, XRP/BTC, with $28.2 million.

BitTorrent Token’s price has jumped 35% to $ 0.000498, with all of the gains coming in the first hour of trading, giving the altcoin a $44.4 million market cap.

BitTorrent will likely continue to see high trading volumes as major exchanges list the altcoin and airdrop recipients look to cash in their coins.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

Staking: these are the 5 preferred cryptos for passive profits

Staking has been called in various ways, some accurate, others not so much. This has also happened with PoS,...

United Kingdom forces to block cryptocurrency advertising

The advertisements of the company Luno will be withdrawn from the United Kingdom after the resolution that obliges them to do so...

Cryptocurrencies find some relief after their crash

Cryptocurrencies find some support for a bounce after one of the toughest weeks for investors. Although last Thursday we...

China Strikes Cryptocurrencies Again, Bitcoin Slumps Again

The highest level of government in China has proposed new measures to regulate mining in the country. The proposal has been received...

Bitcoin on the Playstation? Sony’s patent finally accepted

On May 17, 2021, the publication of a patent by Sony Interactive Entertainment mentioning Bitcoin was greeted with great fanfare by the...